12, ELDERBERRY WAY, WILLAND, CULLOMPTON, EX15 2TU - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 ELDERBERRY WAY is a small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £372,085. It was last sold for £235,000 in April 2011, which was around 14% below the average April 2011 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

12 ELDERBERRY WAY Sold Prices

Land registry data shows three sales for 12 ELDERBERRY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 12 ELDERBERRY WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 21 APR	£235,000	£274,568	14% below HPI
2003 1 AUG	£179,950	£221,083	19% below HPI
2001 24 AUG	£119,000	£157,077	24% below HPI

12 ELDERBERRY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 12 ELDERBERRY WAY sales between August 2001 and April 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2011 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 12 ELDERBERRY WAY be worth now?

12 ELDERBERRY WAY might now be worth an estimated £372,085.

This is based on house price inflation of 58.3%, between April 2011 and December 2024, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.3% inflationary increase is applied to the most recent sale price for 12 ELDERBERRY WAY of £235,000 on 21st April 2011. For the value to have increased from £235,000 to £372,085 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of 12 ELDERBERRY WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2011 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELDERBERRY WAY has not materially changed since April 2011.

How Large is 12 ELDERBERRY WAY?

12 ELDERBERRY WAY is 89m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 30% of detached houses houses in Willand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willand, and where 12 ELDERBERRY WAY lies on this distribution: 28% of detached houses houses are smaller than 12 ELDERBERRY WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Willand.

12 ELDERBERRY WAY: Plot and Title Map

12 ELDERBERRY WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 12 ELDERBERRY WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 ELDERBERRY WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 ELDERBERRY WAY?

12 ELDERBERRY WAY is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 12 on ELDERBERRY WAY.